Growing list of retail brands suspend business in Russia [updated]

[Lauren Hartzenberg] The invasion of Ukraine has brought about mounting supply chain challenges and raised ethical questions for brands doing business in Russia. These are some of the companies that have taken action...

How retailers are going digital-first this holiday season

[Robbie Kearns] The future of retail will continue to be centered around the competition for consumer loyalty in an all-digital world, writes Robbie Kearns of Salesforce...

Bacardi to acquire Patrón in $5.1bn deal

[Lauren Hartzenberg] NEWSWATCH: Family-owned global spirits maker Bacardi Limited has acquired 100% ownership of Patrón Spirits International and its Patron tequila brand...

Lego cuts jobs, overhauls business following drop in revenue

[Lauren Hartzenberg] Iconic Danish toymaker Lego is set to shed 1,400 jobs after suffering its worst financial performance in over a decade...

Aldo acquisition of Camuto Group births new footwear giant

[Lauren Hartzenberg] Canadian shoe company Aldo has agreed to acquire the footwear and accessories operations of the Connecticut-based Camuto Group...

Ikea is running a startup accelerator

[Tom Jackson] Global retailer Ikea has opened applications to its first startup accelerator and is looking for companies that can help it solve “big problems” around being truly affordable...

L'Oréal to sell The Body Shop for €1bn

[Lauren Hartzenberg] Beauty products giant L'Oréal has signed a contract to sell The Body Shop to Brazilian cosmetics maker Natura Cosméticos...

New tech for a new age of social traders

[Boris Dzhingarov] Trading and investing are long term practices that have allowed many to live comfortably by making their money work for them...